Form PAS-6 (Reconciliation of Share Capital Audit Report on half yearly basis) and It’s Applicability

Form PAS-6 (Reconciliation of Share Capital Audit Report on half yearly basis) and It’s Applicability

Purpose

Reconciliation of Share Capital Audit Report on half yearly basis.

Provisions

Pursuant to Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014 as amended vide Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019 dated 22/May/2019 effective from 30^th September 2019.

As Per sub rule 8 of Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014, every unlisted public company shall submit Form PAS-6 (Reconciliation of Share Capital Audit Report) to the Registrar within sixty days from the conclusion of each half year duly certified by a company secretary in practice or chartered accountant in practice.

Non Applicability

The above rule, Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014 not applicable on the following unlisted public Companies: –

(a) Nidhi Company

(b) Government Company

(c) Wholly owned subsidiary

Date of Deployment of Form PAS-6

15^th July, 2020.

Last Date of filling of Form

As Per General Circular No. 16/2019 dated 28.11.2019, Form PAS-6 for the half year ended on 30.09.2019 can be file without additional fees within 60 days from the date of deployment of Form on the website of the Ministry (i.e 60 days from 15^th July, 2020).

https://taxguru.in/company-law/extension-date-filing-form-pas-6.html

List of Key details required for Form PAS-6

1. ISIN for each Securities.

2. Period for which return is filing.

3. Details of the Capital of the Company.

4. Details of Changes in Share Capital during the half year under consideration due to any: –

5. Proper details or shares held by Promoters, Directors and KMP.

6. Particulars about register of members, whether updated or not.

7. Particulars of total no. of demat request, if any, confirmed confirmed after 21 days and the total no. of demat requests pending beyond 21 days with the reasons for delay:.

8. Particulars of Company Secretary of the Company, if any.

9. Particulars of the practicing Professional who is certifying the form.

10. Whether there is appointment of common agency for share registry work.

*Note- All information shall ire furnished for the half year ended 30th September and 31st March in every financial year for each ISIN separately

Fee of the Form

Refer The Companies (The Registration of offices and Fees) Rules, 2014.

Processing Type

The form will be processed in STP mode.

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